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SPECIALTY RESTAURANTS CORPORATION v. BARRY

262 A.D.2d 926 (1999)

692 N.Y.S.2d 512

SPECIALTY RESTAURANTS CORPORATION, Appellant, v. MICHAEL BARRY, Respondent.

Appellate Division of the Supreme Court of the State of New York, Third Department.

Decided June 24, 1999.

Mikoll, J. P.

In April 1991, plaintiff and a corporation known as R.C.C., Inc. entered into an agreement whereby R.C.C. would lease and operate the Castaway Restaurant in the City of Troy, Rensselaer County.* Defendant, the sole principal of R.C.C., personally guaranteed payment of its obligations under the lease. The lease provided for a 20-year term, commencing April 3, 1991, "subject to the New York State Liquor Authority granting a...

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